BEIJING - Gap Inc, a global apparel retailer, plans to enter the Chinese market soon, by opening four outlets within this year. The company, which spent two years on market research before entering China, plans to open two outlets in Beijing and two in Shanghai. "Gap will wholly own our Chinese stores because Gap attaches great importance to busines...
CAIRO - The first berth of the second phase project of Egypt's Port Said East Container Terminal has been completed, the Chinese builder said Wednesday. The delivery of the first berth as scheduled shows the construction has been going well, said Gao Hongbin, the manager of China Harbor Engineering Company Ltd's project management office. The $219...
TIANJIN - Airbus's assembly plant in north China's Tianjin Municipality plans to roll out 48 A320 aircraft in 2012, nearly doubling its current production capacity, said senior executives of the joint venture Wednesday. "The assembly line in Tianjin is well on track, and the company is gearing up production and cutting costs to increase efficiency, " ...
CHANGSHA - A Chinese manufacturer has won a deal to produce five environment-friendly subway trains for India, the company's spokesman said Tuesday. Zhuzhou Electric Locomotive Co Ltd of China South Locomotive and Rolling Stock Corporation Limited (CSR), China's main rail vehicles manufacturer, signed the contract with representatives of Siemens, the ...
GUANGZHOU - Chinese ceramic makers said Wednesday they would work together to defend themselves in the European Union's anti-dumping investigation into imports of Chinese-made ceramic tiles. The European Commission said Monday they had started to investigate whether imports of ceramic tiles from China are being dumped on the EU market after a complaint...
BEIJING - China's Ministry of Commerce (MOC) said Wednesday it has extended by six months a one-year anti-dumping investigation into methanol imports from Saudi Arabia, Malaysia, Indonesia and New Zealand. Originally scheduled to be completed Wednesday, the investigation is now scheduled to finish December 24. "The case is quite special and complic...
DARWIN, Australia - Australia hopes for conclusion of the Free Trade Agreement (FTA) talks with China by the end of this year, said Chinese Deputy Minister of Commerce Chen Jian here on Wednesday. Chen, who followed Chinese Vice President Xi Jinping's visit to Australia, made the remarks in an interview with the Chinese media. "As far as I know, th...
Kashgar is set to become an economic development zone (EDZ), as part of government efforts to transform the city into a prosperous trading post for China's Central Asian neighbors. Authorities have announced they will introduce preferential investment and taxation policies to boost investment in this ancient city in the Xinjiang Uygur autonomous region...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi